MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

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Nov 14 4:00 PM EST

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To: el paradisio who wrote (52291)	5/26/2000 3:15:00 PM
From: pater tenebrarum	Read Replies (2) of 99985

the bonds are reacting to the durable goods numbers...btw, i think that data indicating an economic slowdown will become more frequent. i am not so sure that that will be good for stocks though...but it will be great for bonds. in spite of my expectation of a bounce i actually remain short the index products...i have only put hedges on. the reason is that i'm not really satisfied with the Wednesday bottom. there's still too much complacency...i want to see a bottom that's accompanied by fear. but if it WAS a bottom,at least i won't get killed with my shorts and will be able to consider the developments at leisure. regards, hb

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